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Authorities on Thursday identified the three victims as Daniel Montaño, 17; Dashaun Heard, 15, and Vincent Crespo, 14

‘My Vote. My Health’ engagement campaign targets low-income voters in San Ysidro, National City, Chula Vista

Demolition underway at Encina Power Station despite efforts to preserve 400-foot-tall structure

Federal Reserve Bank of Dallas President Robert Kaplan said that U.S. growth would be faster if all Americans wore masks

Have questions about how county’s case rate works? Confused about rules that determine whether we advance or fall? We’ve got answers

You’re not alone. More than 800 San Diego County residents have died of the disease. We want to help you tell their stories.

President Donald Trump is dangling the promise of getting the country “back to normal” in the campaign’s home stretch as he looks to overcome a devastating pandemic and economic collapse

The poll, released Tuesday, shows a reversal of fate for Campa-Najjar who went from polling neck-and-neck with Issa to now trailing by 11 percentage points

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VIDEO | 31:37
ImmunityBio CEO Dr. Patrick Soon-Shiong discusses the company’s upcoming COVID-19 vaccine trial
Dr. Patrick Soon-Shiong

The Food and Drug Administration has cleared ImmunityBio to begin testing an experimental COVID-19 vaccine in clinical trials, according to an announcement issued Thursday by the Southern California biotech.

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VIDEO | 09:40
Returned: What happens when the asylum system doesn’t protect someone in danger
Nilsa Rosibel Estrada Villanueva, 24, visits the site where her brother, Yovin Estrada Villanueva, is buried to install his grave stone engraving.

“Returned” is a multi-part series launched by the Union-Tribune this year that investigates the U.S. asylum system.

Brawley doctor details the grueling path back to life after 52 days spent on life-saving machine.

Legal representatives for asylum seekers who have been forced to wait in Mexico for U.S. hearings are suing the federal government over the Trump administration’s Migrant Protection Protocols

The deadly shooting occurred around 5:45 p.m. in San Ysidro, in an area south of the Las Americas Premium Outlets and west of the pedestrian crossing into Mexico

RETURNED: PART III

What’s at stake when asylum is denied? After deportation, many Central Americans are killed by the people they fled.

For Central American migrants fleeing gang violence, winning protection in the United States can be particularly difficult

Immigration reporter Kate Morrissey shares experiences from her trip to San Pedro Sula for the third installment in a series on the U.S. asylum system

“Returned” is a multi-part series launched by the Union-Tribune this year that investigates the U.S. asylum system.

Families, friends mourn 3 teen boys killed in Mount Hope crash

Authorities on Thursday identified the three victims as Daniel Montaño, 17; Dashaun Heard, 15, and Vincent Crespo, 14

Photos: Citizen scientists help keep tabs on county’s plants and animals.

The busiest local participant is B.J. Stacey, 50, who lives in Santee. He’s uploaded almost 88,000 observations, more than anybody else in San Diego and California, third-most in the United States, and fifth-most in the world.

Photos: SDSU Aztecs vs. UNLV Rebels

SDSU Aztecs vs. UNLV Rebels

Photos: Marches in San Diego, across nation ask women to vote for change.

About 300 people marched in Balboa Park Saturday in solidarity with demonstrations in Washington, other cities.

Navy Building One replaces 1920s-era waterfront warehouses along Harbor Drive, and wraps up the first phase of an experimental public-private partnership that dates to 1980

Blue Star Learning used fake students and graduates to fraudulently obtain millions in G.I. Bill funding over three years

Sgt. Tristan King’s social media photos have been stolen and used by others to open fraudulent accounts using his name

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Whitman School of Management Supply Chain Expert Shares Groundbreaking Research

SYRACUSE, N.Y., April 1, 2015 /PRNewswire/ -- Researchers from the Martin J. Whitman School of Management at Syracuse University have revealed a highly accurate model for pricing wine futures. In a recently accepted paper in Manufacturing & Service Operations Management, Burak Kazaz, PhD, Steven Becker Professor, Laura J. and L. Douglas Meredith Professor of Teaching Excellence and associate professor of supply chain at the Syracuse University's Whitman School, and his co-authors, Dr. Tim Noparumpa (Syracuse Ph.D. '12) and Dr. Scott Webster (Arizona State University, formerly Syracuse University), examined the impact of wine tasting experts and their reviews when it comes to selling wine before it is bottled, known as "wine futures."  

Their research shows how to price wine futures, as well as what proportion of the wine should be sold in advance versus through retail chains. It demonstrates that Bordeaux grand cru wineries increase their profit by approximately 10 percent; they estimate that small and artisanal winemakers in the U.S. can benefit from such financial markets by improving their profits by 14 to 15 percent.

"Our work is significant as it is perceived as the first of its kind in pricing wine futures with accuracy," said Dr. Kazaz. "Earlier research thoroughly examines the pricing of bottled wine but has not explored a model for pricing wine not yet bottled."

Dr. Kazaz and his research team used data obtained from Liv-ex.com, the primary electronic exchange where merchants, brokers, retailers and consumers can purchase wines in advance of their distribution for retail operations to analyze barrel scores, which are quality ratings expert reviewers give to wine tasted from the barrel.

Barrel scores indicate the potential quality of the wine, offering clues as to whether it will be a success or failure. Winemakers use barrel scores to determine how much wine to sell as futures and how much to retain for retail sale. The team determined that barrel scores, together with consumer and winemaker preference, influence the winemaker's allocation and pricing decisions.

What's more, the study concluded that it's more profitable for winemakers to sell to a more diverse consumer population, which would include futures and retail sales. Finally, the study offered an empirical formula by which to price wine futures.

"Our study is groundbreaking for smaller artisanal and boutique wineries, because it represents a way for them to maximize their cash flow and profits, thereby allowing for more innovation," said Dr. Kazaz. "Working with one such winery in the Finger Lakes wine region in New York, we were able to demonstrate that it should allocate a significantly larger percentage of its wine as futures. This allows winemakers to recover their cash investment earlier, reduce their risk and invest in quality."

Dr. Kazaz added that U.S. winemakers have a higher need for a futures market and would benefit financially even more than Bordeaux producers, which historically have participated in the wine futures market.

About the Whitman School 
The Martin J. Whitman School of Management at Syracuse University was established as the College of Business Administration in 1919. In 1920, it was only the 16th collegiate business school in the nation to be accredited by the AACSB. Today, the Whitman School of Management includes programs in accounting, entrepreneurship, finance, management, marketing, real estate, retail management and supply chain management. In any given year, the Whitman School is home to nearly 2,000 doctoral, graduate and undergraduate students.

Video - http://youtu.be/rbJZvTyNj3g

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/whitman-school-of-management-supply-chain-expert-shares-groundbreaking-research-300059487.html

SOURCE Syracuse University

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